Client NewsBens Creek Group PLC: Exercise of warrants and change to total voting rights
Bens Creek Group plc (AIM:BEN), the owner of a recently re-opened metallurgical coal mine in North America supplying the steel industry, announces that it has received notice for the exercise of warrants to subscribe for 600,000 new ordinary shares of 0.10 pence each in the Company (the “Ordinary Shares”). The exercise price is 10 pence per new Ordinary Share. The warrants were issued to Clear Capital Markets Limited (“Clear Capital”) as part of their broking fees for the placing announced on 15 October 2021. The exercise of these warrants will generate proceeds of £60,000 for the Company. Clear Capital continue to hold 40,000 warrants following the exercise of warrants announced today and the re-issue of 500,000 warrants in December 2021 from Clear Capital to a sub-placing agent who worked with Clear Capital on the IPO in October 2021.
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